If prices are negative most of the day there is less incentive to provide the capacity that’s needed during the night. The money for capex has to come from somewhere so it goes up significantly at night. And of course the negative price isn’t “real”, it just means power plants will shut down for swaths of the year until it’s affordable to keep the remainder running. Which then means lower average capacity on days that are cloudy, or additional maintenance on systems that only run in the winter. So then people throw battery stuff around… batteries are expensive. Really, really, really, really expensive. So you have to find a way to keep capacity up that’s not absurdly expensive or hard to maintain, or you have to keep all your fossil fuel plants at the ready while producing $0 in income to offset the upkeep, which…yes, gets passed to the consumer.
I know people want to simplify the national grid which spans across all continental states and connects to literal billions of devices producing and consuming power…but it’s actually kinda complicated.
The original article literally frames it as an economic problem under capitalism. Most of the article is about value deflation, not about the niche case of storing excess energy until it is profitable to sell again.
Lower prices may sound great for consumers. But it presents troubling implications for the world’s hopes of rapidly expanding solar capacity and meeting climate goals. It could become difficult to convince developers and investors to continue building ever more solar plants if they stand to make less money or even lose it
https://www.technologyreview.com/2021/07/14/1028461/solar-value-deflation-california-climate-change/
Maybe take a break from the capitalist apologia to understand that this shouldn’t be a problem for a society that is trying to move away from cooking the planet.
“Instead of trying to solve the problem we currently have, with the systems and tools that are there, how about we forget about the problem and work on something much much harder instead”.
Don’t get me wrong you’re absolutely free and welcome to advocate for systemic solutions. But don’t attack people working on alleviating symptoms in a practical way or I’ll call you an accelerationist. “Here’s how we implement socialism! Step one: Burn the planet”.
wow, its almost like the government that we pay taxes to should be what’s powering the country and not private corporations that are only concerned about profits 😋
People keep reposting this like it’s a gotcha.
It’s not
If prices are negative most of the day there is less incentive to provide the capacity that’s needed during the night. The money for capex has to come from somewhere so it goes up significantly at night. And of course the negative price isn’t “real”, it just means power plants will shut down for swaths of the year until it’s affordable to keep the remainder running. Which then means lower average capacity on days that are cloudy, or additional maintenance on systems that only run in the winter. So then people throw battery stuff around… batteries are expensive. Really, really, really, really expensive. So you have to find a way to keep capacity up that’s not absurdly expensive or hard to maintain, or you have to keep all your fossil fuel plants at the ready while producing $0 in income to offset the upkeep, which…yes, gets passed to the consumer.
I know people want to simplify the national grid which spans across all continental states and connects to literal billions of devices producing and consuming power…but it’s actually kinda complicated.
The original article literally frames it as an economic problem under capitalism. Most of the article is about value deflation, not about the niche case of storing excess energy until it is profitable to sell again.
Maybe take a break from the capitalist apologia to understand that this shouldn’t be a problem for a society that is trying to move away from cooking the planet.
Op is a tweet, not an article.
“Instead of trying to solve the problem we currently have, with the systems and tools that are there, how about we forget about the problem and work on something much much harder instead”.
Don’t get me wrong you’re absolutely free and welcome to advocate for systemic solutions. But don’t attack people working on alleviating symptoms in a practical way or I’ll call you an accelerationist. “Here’s how we implement socialism! Step one: Burn the planet”.
If you think the problem is being solved in the current system I will leave you to your delusions.
wow, its almost like the government that we pay taxes to should be what’s powering the country and not private corporations that are only concerned about profits 😋